Many People Assume That If Child Workers in Developing Countries

question 140

Multiple Choice

Many people assume that if child workers in developing countries weren't working in factories, they would be in school. In fact, children in developing countries

• A) split their time evenly between work and school.
• B) usually have few good alternatives to work.
• C) are only allowed to work if they have attended school up to age 15.
• D) who work are relatively rare, as most do attend school full time.

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Definitions:

Absorption Costs

The total of all direct and indirect manufacturing costs assigned to a product.

Suboptimal Decisions

Decisions that do not yield the best possible outcome or that are less efficient compared to the optimal choice.

Buying Division

A segment within a company responsible for purchasing goods, materials, and services from external suppliers.

Transfer Prices

Prices used for the sale of goods or services between departments or subsidiaries within the same company, often set to comply with tax laws.